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Robust investment, strong demand driving India’s growth amid global slowdown: Finance Ministry

Mar 22, 2024

New Delhi, March 22 (IANS) Robust investment activity and strengthening private consumption demand is driving growth in the Indian economy amidst the sluggish global growth, according to the Finance Ministry’s monthly review released on Friday. The strong demand is evident from indicators like burgeoning air passenger traffic and sale of…

Markets likely to remain volatile as valuation concerns linger

Mar 22, 2024

Mumbai, March 22 (IANS) The domestic markets remained volatile during the week with the expectations and outcome of the US FOMC (Federal Open Market Committee) meeting being the focal point, Joseph Thomas, Head of Research at Emkay Wealth…

Business

India’s forex reserves surge for 3rd week in row to touch $642.5 billion mark

Mar 22, 2024

Mumbai, March 22 (IANS) India's foreign exchange reserves surged by $6.4 billion to touch a robust $642.5 billion for the week ended March 15, the latest data released by the RBI on Friday showed.This is the third consecutive week marking a…

Business

DGCA imposes Rs 80 lakh fine on Air India for flight duty timing violations

Mar 22, 2024

New Delhi, March 22 (IANS) India's aviation regulator, DGCA, has imposed a financial penalty of Rs 80 lakh on the Tata-owned Air India for violation of flight duty time limitations (FDTL) and fatigue management system (FMS) regulations of…

Business

Domestic equities join global rally

Mar 22, 2024

Mumbai, March 22 (IANS) The domestic equities joined the global rally on Friday after the central banks in the US and the UK kept rates unchanged, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.After a…

Business

Foreign liquidity drying up in small and mid cap stocks segment

Mar 22, 2024

New Delhi, March 22 (IANS) Foreign liquidity is drying up in small and mid cap space which can slow down the price momentum, brokerage firm Elara Securities said."Need to closely monitor how the domestic liquidity shapes up from here," the…

Business

Global experts laud India’s roadmap for big push to Green Hydrogen

Mar 22, 2024

New Delhi, March 22 (IANS) The Vice Chair of the 23-nation International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), Dr Noe Van Hulst, has said that the participating countries of IPHE are impressed by India's National…

Business

Tech Mahindra, IBM open Synergy Lounge to boost digital adoption in APAC

Mar 22, 2024

New Delhi, March 22 (IANS) Tech Mahindra in collaboration with tech major IBM on Friday announced the opening of a Synergy Lounge to accelerate digital adoption for enterprises in APAC (Asia-Pacific).Located at Tech Mahindra's campus in…

Business

India is the next big playground for AI: Samsung VC, CEO JH Han

Mar 22, 2024

New Delhi, March 22 (IANS) Samsung Electronics Vice Chairman, CEO and Head of the Device eXperience (DX) Division Jong-Hee (JH) Han, who visited Samsung BKC at Jio World Plaza, Mumbai for the first time since the store's opening, said on…

Business

Byju’s says 262 tuition centres operational, a few to undergo ‘strategic…

Mar 22, 2024

New Delhi, March 22 (IANS) Embattled edtech company Byju's on Friday said that its tuition centres have entered the third successful year with 262 offline locations currently operational across the country.Denying reports that 200 of its…

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